Reports of the Board of Directors and of the approved statutory auditor
No vote required.
Approval of the statutory and consolidated annual accounts as at 31 December 2017
Reason: The accounts provide detailed and complete information on the exercise 2017 and have been validated by the auditor, CEO and CFO.
Allocation of results
Reason: The dividend of € 3,00 per share correspondents to a yield of 4-5% ex quotation, what should be acceptable for the shareholders.
Discharge to be granted to the directors and to the approved statutory auditor
Reason: The evolution of both, turnover as well as result, increased again in 2017. No reasons are known which could affect discharge to be given.
Reason: The appointment of Ms. Laureen Zalaznik (curriculum vitae) and renewals of other terms of office seems to be in accordance to the requirements.